Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: DM who wrote (462)	11/11/1998 7:50:00 PM
From: Trader J	Respond to of 56535

DM: CPQ - You may get a lower price but I would not count on it. I have not seen the investment so bullish on CPQ in quite a number of years. With all the over valuation out there right now, and CPQ's recent direct purchase model being announced....I think the time is right for them to pop about 10 points...over a couple weeks. CPQ is the one issue, that I follow VERY closely. I also follow ABTX to a lesser extent. They are fun to trade though, you can almost bank on how they trade. The pop in the morning on good news and then slide back towards open for the rest of the day. Very easy to sell at or near the high, then play other trades throughout the day, only to get CPQ again near the close. If they open down, they normally creep up towards their previous close. Frequently they gap down. Downside is not as playable as the upside however. Sometimes they sell off early, creep up, then fall back to close lower. Rarely do they ever post higher gains after the first 2 hours of the day. Good luck TJ